Payment Services

Brexit creates both challenges and opportunities for all industries and sectors. Matheson’s history of being the Irish law firm with an international focus and client base means that we are ideally positioned to help clients understand and address those challenges and avail of those opportunities. Please visit this page for up to date information, insights and guides for navigating your business through this uncertain period.

The Wholesale / Retail Distribution Model Post a No-Deal Brexit

For insurance intermediaries a no-deal Brexit has the potential to fundamentally shift the foundations underpinning its industry.

Insuring a Successful Future

Brexit has tested the ability of the various European financial services centres outside of London to attract new investment from global insurers. While Ireland will undoubtedly win its fair share of investment from global insurers, a number of potential investors who had considered Ireland have decided to establish a new insurer elsewhere.

Behaviour and Culture of the Irish Retail Banks

Prompted by the key findings of the Central Bank of Ireland’s Tracker Mortgage Examination, the Minister for Finance in October 2017, pursuant to Section 6A of the Central Bank Act 1942, requested the Central Bank of Ireland to prepare a report on the “current cultures and behaviours and the associated risks in the retail banks today and the actions that may be taken to ensure that banks prioritise customer interests in the future”.

Temporary Access - The UK Passport Rights Regulations 2018

On 24 July 2018, HM Treasury published draft regulations entitled “EEA Passport Rights (Amendment, etc, and Transitional Provisions) (EU Exit) Regulations 2018” (the “Draft Regulations”) as part of the UK Government’s Brexit contingency plans. The Draft Regulations are intended to avoid a situation whereby, in the event of a no-deal Brexit, there is no agreed legal framework for passporting.

Access Post-Brexit: Are you in or out?

On 12 July the UK Government published its paper ‘The Future Relationship between the United Kingdom and the European Union’, based on the Chequers Statement of 6 July 2018, which sets out the UK’s proposal for “a principled and practical Brexit”.